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Transferable Devlopment Rights Waimakariri District CouncilJanuary 2020Contents 1Introduction___ 112Transferable Development Rights ___ 213Demand for 12 ha parcels in the WDC ___ 3243.1Market Overview
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How to fill out transferable devlopment rights

01
Determine the sending and receiving areas for the transferable development rights (TDR) within the same jurisdiction.
02
Contact the relevant government or planning department to understand the process and requirements for transferring development rights.
03
Prepare the necessary documentation including a TDR agreement, deed, and any other required paperwork.
04
Receive approval from the governing body or planning commission for the transfer of development rights.
05
Execute the transfer of development rights as per the agreed terms and conditions.
06
Ensure that all legal requirements are met and that the transfer of development rights is properly recorded.
07
Monitor and track the transferred development rights to ensure compliance with the agreement.

Who needs transferable devlopment rights?

01
Developers who want to increase density on a specific property.
02
Landowners looking to preserve open spaces or historic buildings.
03
Cities or municipalities seeking to control urban growth and promote sustainable development.
04
Non-profit organizations focused on conservation efforts.
05
Real estate investors looking to maximize the value of their properties.
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Transferable development rights allow property owners to transfer the development potential from one piece of property to another. This can be done in order to preserve land, protect open spaces, or encourage development in certain areas.
Property owners who wish to transfer development rights from one property to another are required to file transferable development rights.
To fill out transferable development rights, property owners must provide information about the sending and receiving properties, the amount of development rights being transferred, and any relevant zoning regulations.
The purpose of transferable development rights is to allow for flexible land use planning, protect valuable natural resources, and promote sustainable development.
Information such as the sending and receiving properties, the amount of development rights being transferred, and any applicable zoning regulations must be reported on transferable development rights.
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